Which Is an Example of a Liability

question 55

Multiple Choice

Which is an example of a liability?

• A)The decision to borrow $150,000 from the ABC Bank on January 15, 2019.
• B)Withdrawing $10,000 from the operating line of credit on January 15, 2019.
• C)Selecting the supplier to provide the raw materials for the manufacturing process.
• D)Choosing the site for a future plant expansion from a list of several possible choices.

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Definitions:

Burden of Proof

The obligation to prove one's assertion or the validity of one's claim in a legal or regulatory context.

Old Boys' Network

An informal system of support and communication among men who have been educated at the same institution or who share similar social backgrounds.

Male Managers

Individuals who identify as male and hold managerial positions within an organization, overseeing operations and guiding teams.

Choice of Words

The selection of particular words or phrases in communication, significant in conveying the desired message accurately and effectively.